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$ 3,995,000

Est. payment | -/mo

2 Beds

1 Bath

9,800 SqFt

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$ 3,995,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

1 Bath

9,800 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,800 sqft

Price per Sqft $407

Lot Size 0.760 Acres

MLS Listing ID ML82037930

Bedrooms 2

Full Baths 1

Property Description

Prime Investment Opportunity, 14-Unit Apartment Complex Near Cal State East Bay, in the heart of downtown Hayward. The property highlights include, 14 Total Units, all 2 Bed / 1 Bath, ideal for long-term tenants and student housing, all Separately Metered for Electric & Gas. On site two coin-operated laundry facilities, plentiful on-site parking, shared backyard amenities with a courtyard & BBQ area. The buildings' exteriors were recently painted. Convenient location, just 1 mile from Cal State University East Bay, 1 mile to Downtown Hayward, easy access to shopping, dining, parks, BART Station, and public transit. Close to Hwy 92, I-880, I-580, San Mateo Bridge, and Dumbarton Bridge. Employment and economic drivers nearby include Cal State University East Bay, Hayward Unified School District, Chabot College, St. Rose Hospital, Alameda County, Illumina, Impax Laboratories, Pentagon Technologies, Plastikon Industries, Ultra Clean Technology, Kaiser Permanente. Redevelopment Potential with it being located within the Mission Blvd Corridor Neighborhood (MBCN) Specific Plan Area, this property offers mixed-use possibilities and potential to double the number of units under current zoning. Investors and developers will appreciate the upside potential in a rapidly growing corridor.

Location

State CA

County Alameda

Area Hayward

Zoning MBCN

Rooms

Kitchen Exhaust Fan, Hood Over Range, Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

1-purchase type For Sale

Exterior

Exterior Feature BBQ Area, Courtyard, Other

Garage No Garage, Parking Area

Community Features BBQ Area, Other

Utilities Available Public Utilities

Roof Type Bitumen,Composition

Building

Lot Description Grade - Level

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 445-0150-009

Security Features Security Fence

Special Sale Not Applicable

Listed by Matt Aragoni of Coldwell Banker Realty
Bought with Matt Aragoni of Coldwell Banker Realty

24598 Sybil AVE Hayward, CA 94542